JSCGX Fees and Costs — Jacob Small Cap Growth Fund, Investor Class
Data updated: 2026-10-14
The net expense ratio is 3.22%: a 0.80% management fee, a 0.25% 12b-1 fee plus 2.97% other expenses, less a 0.80% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $33K in broker commissions, 0.4714% of average net assets, and portfolio turnover was 58%.
JSCGX Fees and Expenses
Annual operating expenses and sales charges of JSCGX. Prospectus, as of January 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.97% |
| Gross expense ratio | 4.02% |
| Fee waiver | −0.80% |
| Net expense ratio | 3.22% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
JSCGX Costs Over Time
On $10,000 invested in JSCGX, assuming 5% a year before costs, total costs come to $2,188 over 5 years, cutting the return by 3.88% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 3.22%) | $338 | $1,026 | $1,729 |
| Trading costs (broker commissions) | $49 | $150 | $253 |
| Lost growth on money paid in costs | $0 | $59 | $206 |
| Total costs | $388 | $1,235 | $2,188 |
| Value after costs | $10,112 | $10,341 | $10,575 |
| Impact on return, per year | 3.88% | 3.88% | 3.88% |
JSCGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.4714%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): $4.2M
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $436K
- Net income from securities lending: $2K (0.034% of average net assets)
JSCGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company, LLC | $30K | 89.73% |
| CRAIG-HALLUM CAPITAL GROUP LLC | $921 | 2.78% |
| CANTOR FITZGERALD & CO. | $835 | 2.52% |
| LAKE STREET CAPITAL MARKETS, LLC. | $558 | 1.68% |
| Wedbush Securities, Inc. | $393 | 1.19% |
| The Benchmark Company, LLC. | $291 | 0.88% |
| ISI Financial Group, Inc. | $135 | 0.41% |
| NEEDHAM & COMPANY, LLC | $105 | 0.32% |
| B. Riley Securities, Inc. | $90 | 0.27% |
| RBC CAPITAL MARKETS, LLC | $74 | 0.22% |
Jacob Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JSIGX | Institutional Class | 2.96% | none |
| JSCGX | Investor Class | 3.22% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.